Florida Medical Cannabis Leader AltMed Signs Licensing Deal with Bhang Corporation to Bring Alternative Delivery Treatments to the Patients of Florida

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The agreement gives AltMed exclusive Florida production and distribution rights for Bhang cannabis products that include gums, oral sprays and chocolate products.

AltMed and Bhang will work together to manufacture and distribute safe, effective, consistent and well tolerated high quality non-smoke treatments to include gums, oral sprays and additional product lines that are in development.

AltMed, a fully integrated science-based Florida company bringing pharmaceutical industry precision to the development, production and dispensing of medical cannabis has inked an exclusive licensing agreement with Bhang Corporation (“Bhang”).

With Corporate Offices in Florida, Bhang is a highly respected national brand recognized for producing high quality medical cannabis products. Internationally known for their award winning chocolate, Bhang has expanded its offerings to bring patients new products that are easy to use and do not require smoking. Medicinal cannabis oral spray and gum have recently been launched in a number of markets. These products will soon be available in all Bhang territories which include California, Arizona, Colorado, Washington State, Michigan, Illinois and Florida.

"We are aggressively seeking to provide Florida patients with products that are proven in other territories," says David Wright CEO of AltMed. "AltMed will be at the forefront of bringing new and innovative therapies to Florida as patients continue to shift away from smoking their medication and seek out alternative delivery options."

AltMed and Bhang will work together to manufacture and distribute safe, effective, consistent and well tolerated high quality non-smoke treatments to include gums, oral sprays and additional product lines that are in development.

"With its pharmaceutical industry experience, its medical research leadership team and advanced business structure we partnered with AltMed because we see them emerging as the leading Florida Medical Cannabis company," says Scott Van Rixel, CEO of Bhang. "AltMed will lead in the creation of revolutionary non-smoke products to help patients in Florida and beyond."

About AltMed:
AltMed LLC is a fully integrated, science-based Florida company dedicated to striving for compassion, community engagement and pharmaceutical industry precision in the development, production and dispensing of medical cannabis. Established in early 2014 by a consortium of Sarasota residents, AltMed's Executive Chairman and its CEO earned impressive credentials as top pharmaceutical executives. AltMed is participating in a competitive process with the intention of becoming one of five Florida licensees selected to grow and dispense medical cannabis under the Compassionate Medical Cannabis Act of 2014. For more information please visit AltMed.co.

About Bhang:
Award-winning Bhang is America’s premier developer and producer of medical cannabis products. Headed by its President and CEO, Scott Van Rixel, Bhang has won recognition as the established market leader in cannabis-based medication, through its commitment to safety, quality, consistency and innovative product development. At its revolutionary laboratory-kitchens in California, Bhang has brought significant expertise and leadership to the development of the medical cannabis industry. As a participant in the National Cannabis Industry Association Bhang recognizes that product development partnerships are a key element in the firm’s growth strategy. The company’s strategic research and successful manufacturing experience puts Bhang in an ideal position to play a prominent role in the rapidly expanding medical cannabis industry.

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Colin Trethewey
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